Income 2015 2016 2017 % Increase/

(S$'000) (S$'000) (S$'000) (Decrease)




2017 vs 2016

Donations in Cash





- Tax Deductible 4,575 1,000 4,210 321

- Non-Tax Deductible - - - -

Donations in Kind





- Tax Deductible NA NA NA NA

- Non-Tax Deductible NA NA NA NA

Grants/Sponsorships NA NA NA NA

Investment income 1,825 2,076 2,456 18

Investment gains NA NA NA NA

Others NA NA NA NA

Total Income 6,400 3,076 6,666 117








Expenses 2015 2016 2017 % Increase/

(S$'000) (S$'000) (S$'000) (Decrease)




2017 vs 2016

Direct Fund-raising Expenses NA NA NA NA

Charitable Activities Expenses





- Local 4,329 2,626 1,224 (53)

- Overseas NA NA NA NA

Other Operating & Administration





Expenses 59 69 144 109

Others 1,015 63 32 (49)

Total Expenditure 5,403 2,758 1,400 (49)

Surplus / (Deficit) 997 318 5,266 1,556








Balance Sheet 2015 2016 2017 % Increase/

(S$'000) (S$'000) (S$'000) (Decrease)




2017 vs 2016

Assets





Land and Building NA NA NA NA

Other Tangible Assets NA NA NA NA

Investments 42,924 43,812 43,853 0

Inventories NA NA NA NA

Accounts Receivable 56 56 58 4

Cash & Deposits 5,325 4,469 5,828 30

Others NA NA NA NA

Total Assets 48,305 48,337 49,739 3

Funds





General Fund NA NA NA NA

Accumulated Fund (7,279) (7,961) 1,095 (114)

Unrestricted Fund (7,279) (7,961)) 1,095 (114)

Building Fund NA NA NA NA

Fair Value Reserve 1,735 1,449 2,585 78

Restricted Fund 1,735 1,449 2,585 78

Endowment Fund 53,846 54,846 51,056 (7)

Total Funds 48,302 48,334 54,736 13

Liabilities





Long-Term Liabilities NA NA NA NA

Current Liabilities 3 3 3 0

Total Liabilities 3 3 3 0

Total Funds and Liabilities 48,305 48,337 54,739 13








Other Information 2015 2016 2017 % Increase/

(S$'000)
(S$'000)
(S$'000)
(Decrease)




2017 vs 2016

Donations/Grants and Sponsorships given to Other Charities (S$'000) 4,329 2,626 1,224 (53)

No. of Employees NA NA NA NA

Total Employee Costs (S$'000) NA NA NA NA

* Endowment Fund comprises:





Donations from





- Singapore Hokien Huay Kuan 27,690 28,690 32,440 13

- Public 26,156 26,156 26,616 2

Total (S$'000) 53,846 54,846 59,056 8
  Ratio of Reserves (Unrestricted Funds) to Annual Operating Expenditure (123) (115) 8 (107)  

IPC status until 31 May 2020







 

 

 
             
             
 
   
 
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